PT Adhi Karya (Persero) Tbk (IDX: ADHI)

ADHI Income Statement

Financials in millions IDR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	17,785,615	20,072,993	13,549,010	11,530,472	10,827,682	15,307,860
Revenue Growth (YoY)	12.11%	48.15%	17.51%	6.49%	-29.27%	-2.22%
Cost of Revenue	15,718,907	17,750,066	11,752,722	9,774,046	9,091,969	12,971,807
Gross Profit	2,066,709	2,322,927	1,796,288	1,756,426	1,735,714	2,336,054
Selling, General & Admin	949,584	878,803	726,368	635,365	727,681	894,067
Other Operating Expenses	310,955	310,955	171,014	167,674	9,334	-
Operating Expenses	1,260,539	1,189,757	897,382	803,039	737,014	894,067
Operating Income	806,170	1,133,170	898,906	953,387	998,699	1,441,986
Interest Expense	-740,009	-735,976	-718,376	-778,545	-745,204	-546,835
Interest & Investment Income	72,665	79,229	34,540	31,862	45,217	63,672
Earnings From Equity Investments	784,806	483,514	411,638	355,529	155,928	338,467
Currency Exchange Gain (Loss)	-928.07	-1,094	-9,435	-6,860	2,368	-3,265
Other Non Operating Income (Expenses)	-165,680	-169,939	-111,164	-141,072	-101,781	-137,261
EBT Excluding Unusual Items	757,023	788,905	506,109	414,301	355,227	1,156,764
Gain (Loss) on Sale of Assets	1,064	1,626	24,548	906.27	1,114	10,154
Asset Writedown	46,494	46,494	20,707	27,873	-	-
Other Unusual Items	-	-	-	-	-	16,657
Pretax Income	804,581	837,025	551,365	443,080	356,341	1,183,575
Income Tax Expense	501,614	547,143	376,155	356,580	332,638	518,527
Earnings From Continuing Operations	302,967	289,883	175,210	86,500	23,703	665,048
Minority Interest in Earnings	-43,167	-75,867	-93,968	-31,315	274.24	-1,242
Net Income	259,800	214,016	81,242	55,185	23,977	663,806
Net Income to Common	259,800	214,016	81,242	55,185	23,977	663,806
Net Income Growth	210.20%	163.43%	47.22%	130.16%	-96.39%	3.05%
Shares Outstanding (Basic)	8,408	8,408	4,371	3,561	3,561	3,561
Shares Outstanding (Diluted)	8,408	8,408	4,371	3,561	3,561	3,561
Shares Change (YoY)	5.02%	92.36%	22.75%	-	-	-
EPS (Basic)	30.90	25.46	18.59	15.50	6.73	186.42
EPS (Diluted)	30.90	25.46	18.59	15.50	6.73	186.42
EPS Growth	195.38%	36.95%	19.94%	130.16%	-96.39%	3.05%
Free Cash Flow	2,305,267	-70,449	1,117,137	1,461,209	1,180,678	225,280
Free Cash Flow Per Share	274.19	-8.38	255.59	410.35	331.57	63.27
Gross Margin	11.62%	11.57%	13.26%	15.23%	16.03%	15.26%
Operating Margin	4.53%	5.65%	6.63%	8.27%	9.22%	9.42%
Profit Margin	1.46%	1.07%	0.60%	0.48%	0.22%	4.34%
Free Cash Flow Margin	12.96%	-0.35%	8.25%	12.67%	10.90%	1.47%
EBITDA	965,246	1,268,212	1,041,593	1,121,836	1,161,462	1,618,525
EBITDA Margin	5.43%	6.32%	7.69%	9.73%	10.73%	10.57%
D&A For EBITDA	159,076	135,042	142,687	168,449	162,763	176,539
EBIT	806,170	1,133,170	898,906	953,387	998,699	1,441,986
EBIT Margin	4.53%	5.65%	6.63%	8.27%	9.22%	9.42%
Effective Tax Rate	62.34%	65.37%	68.22%	80.48%	93.35%	43.81%

Source: S&P Capital IQ. Standard template. Financial Sources.